fintech week 2018 - the ifm · established in 1989, the institute for financial markets (ifm) seeks...

2 Fintech Week 2018

FINTECH WEEK 2018

NOVEMBER 5-8, 2018

Georgetown Law, IMF Headquarters, Capitol Hill

Washington, DC

PRESENTED BY

Georgetown University Law Center, Institute of International Economic Law

The International Monetary Fund

The Institute for Financial Markets

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WELCOME

Georgetown University Law Center, IIEL | The International Monetary Fund | The Institute for Financial Markets 3

Dear all,

Welcome to Fintech Week!

As policymakers, venture capitalists and technologists can attest, advances in financial technology are disrupting market and regulatory ecosystems in ways unimaginable a generation ago. These developments offer the prospect of enormous opportunities and challenges, and require serious, thoughtful forums in which ideas and views across the private and public sectors can be exchanged.

Fintech Week was inaugurated last year with the purpose of providing just such a global forum, several months after the initial launch of the OCC’s fintech charter here at the Institute. This week, during our unique, multidisciplinary sessions with many of the world’s top fintech experts, panelists will be asked to continue the conversation and demystify cutting edge technologies, and to engage one another as to what those changes mean from the standpoints of both policy and market practice—all in a manner understandable to laymen. Meanwhile, heads of key regulatory agencies will offer their perspectives and insight as to recent and upcoming developments.

In doing so, the conference seeks to democratize the availability of critical information about financial technology, and to broaden the public’s understanding of issues that are transforming the global economy. All of this requires a group effort, and we at the Institute of International Economic Law have benefited enormously from the help of our co-hosts, the International Monetary Fund and the Institute for Financial Markets, as well as our sponsors including Amazon, Davis Polk LLP, the NEX Group, Thomson Reuters, the Chamber of Digital Commerce and Willkie Farr LLP.

More events are scheduled, and if you would like to support next year’s Fintech Week—or our other IIEL regulatory programming—please let us know.

We do hope you enjoy the program.

Chris Brummer, J.D., Ph.D. Agnes N. Williams Research Professor of LawFounder, Fintech Week Faculty Director, Institute of International Economic LawFounder, fintechpolicy.org Georgetown Law

4 Fintech Week 2018

HOSTS

Georgetown University Law Center, Institute of International Economic Law

The Institute of International Economic Law (IIEL) is the focal point for the study of international economic law at Georgetown Law and one of the leading centers for international economic law and policy in the world.

IIEL provides a fulcrum point for legal and policy discussions in international trade, international financial regulation, international monetary affairs, transnational business and international tax.

Founded in 1999 by the late University Professor John H. Jackson, and now directed by Agnes N. Williams Research Professor of Law Chris Brummer, the IIEL’s objective is to facilitate thoughtful and scholarly research and teaching, convene stakeholder meetings and conferences bringing together public and private sector leaders, and offer Executive Education on a broad range of subjects that concern the law of international economic activity. Originally focused on trade, the Institute’s portfolio has grown to include leading capabilities and international renown in a range of areas including investment and arbitration, financial regulation, tax, business and monetary law. The Institute actively approaches these fields as interrelated and at times overlapping policy spheres that impact how law is devised, practiced and enforced.

Housed at Georgetown Law, with the largest array of courses in international economic law in the country, IIEL offers students, faculty, alumni and friends the opportunity to routinely interact with top scholars, policymakers, law firms, and think tanks. As part of a top research university, IIEL strives to make available unparalleled opportunities for learning and study based on its location in the heart of Washington DC, and longstanding connections with international institutions and organizations like the IMF, European Union, World Bank, WTO, IFC, and U.S. regulatory agencies and foreign embassies.

The Institute routinely hosts colloquia, conferences and events with leading scholars and policymakers, and regularly invites faculty from other universities, distinguished practitioners from the private and public sectors, opinion-leaders and high level regulators and policymakers to participate in the life of the Institute. IIEL also enables visiting scholars and students at Georgetown Law to engage more deeply with contemporary issues in international economic law.

IIEL, Georgetown Law600 New Jersey Avenue, NWWashington, DC 20001

IIELAW.ORG

The International Monetary Fund

The International Monetary Fund (IMF) is an organization of 189 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

The IMF’s primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries (and their citizens) to transact with each other. The Fund’s mandate was updated in 2012 to include all macroeconomic and financial sector issues that bear on global stability.

The International Monetary FundHeadquarters 1 - 700 19th Street, NWHeadquarters 2 - 1900 Pennsylvania Avenue, NWWashington, DC 20431

IMF.ORG


SPONSORS

Thank You to Our Sponsors!The Institute for Financial Markets

Established in 1989, the Institute for Financial Markets (IFM) seeks to increase public awareness and understanding of the importance of financial markets and the financial service industry to the global economy through education and research. We focus our attention and activities primarily on derivatives and the vital markets for instruments like futures, options and swaps. These derivatives markets help to support a vibrant economy and help individuals, institutions, producers, companies and governments understand how markets function and how to improve the management of credit risks. Recently, the IFM announced a partnership with other contributing organizations to fund an education website called Futures Fundamentals. This one-stop resource provides risk management education to learners at all levels.

As a non-partisan, 501(c)3 nonprofit foundation, the IFM serves in a unique position of educating industry professionals and investors, as well as other stakeholders of financial market information, such as public policymakers, regulators, educators and the media. While these other stakeholders may not trade, nor directly service the needs of financial market participants, they still have a keen interest in the markets and play an important role in shaping legislation, policies and practices, and informing others about the markets.

The Institute for Financial Markets 2001 Pennsylvania Avenue NW, Ste 600 Washington, DC 20006

THEIFM.ORG

aws.amazon.com

www.davispolk.com

www.thomsonreuters.com

digitalchamber.org

www.nex.com

www.willkie.com

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DAY 1 MONDAY, NOVEMBER 5

CRYPTO ASSETS, PART 1

Coffee & Registration | 8:15–9:00 a.m.

Crypto-Law (Re)Thinking the Nomenclature and Taxonomy | 9:00–10:00 a.m.Regulating crypto assets requires precise terminology in order to fully understand the opportunities and challenges and solutions posed by them. But key terms, from “decentralization” to “utility token” to “exchanges” remain imprecise. This session works to develop working principles.

FLASH PRESENTATION: DEFINING DECENTRALIZATION

• Angela C. Walch, Associate Professor, St. Mary’s University School of Law

MODERATOR

• Priya R. Aiyar, Partner, Willkie Farr & Gallagher LLP & former Acting General Counsel, U.S. Department of the Treasury

PANELISTS

• Alex Acree, Co-Founder, Managing Director and General Counsel, Fenway Summer Ventures

• Maria Adamjee, Chief Executive Officer, Megalodon Capital

• Jeff Bandman, Founder & Principal, Bandman Advisors

• Angela C. Walch, Associate Professor, St. Mary’s University School of Law

Fireside Chat | 10:00–10:30 a.m.• William Hinman, Director, Division of Corporate Finance, U.S. Securities and Exchange Commission

Crypto Assets: New Developments | 10:45–11:45 a.m.The crypto asset sector has been transformed by a variety of developments that are designed to support, improve or transform even first-generation cryptographic infrastructures and services. In this panel, we provide an overview of some of the most important.

MODERATOR

• Ross B. Leckow, Deputy General Counsel, Legal Department, International Monetary Fund

PANELISTS

• Desiree Dickerson, Head of Operations, Lightning Labs

• Josh Swihart, Vice President, Marketing and Business Development, Zcash Company

• Peter Van Valkenburgh, Research Director, Coin Center

• Ryan Zagone, Director of Regulatory Relations, Ripple


Evolving Crypto Use Cases | 12:00–1:15 p.m.Crypto assets are being used for more than just fundraises and investments. In this session, we will examine the evolution of crypto assets as instruments for capital management, liquidity, payments and bridge facilities.

FLASH PRESENTATION: TOWARDS A STABLE TOKENIZED MEDIUM OF EXCHANGE

• Alexander Lipton, Co-Founder and Chief Technical Officer, SilaMoney

MODERATOR

• Dong He, Deputy Director, Capital Markets, International Monetary Fund

PANELISTS

• Isabelle Corbett, Head of Regulatory Affairs and Partnerships, R3

• Gabriel I. Hidalgo, Managing Director, K2 Intelligence

• Jameson Lopp, Infrastructure Engineer, Casa and Creator, Statoshi

• Patrick Murck, Special Counsel, Cooley LLP

• Tim Swanson, Director of Research, Post Oak Labs

Lunch | 1:15–1:45 p.m.

Fireside Chat | 1:45–2:30 p.m.• Sheila C. Bair, Former Chairman, U.S. Federal Deposit Insurance Corporation

Emerging Blockchain and Crypto Asset Financial Infrastructures | 2:30–3:30 p.m.Neither crypto assets nor underlying blockchain infrastructures have reached mainstream finance due to a number of technological and regulatory concerns and hurdles, as well as incumbent support systems. This panel examines the status and development of the sector, from custodial challenges to institutional trading environments.

MODERATOR

• Jai R. Massari, Partner, Davis Polk & Wardwell LLP

PANELISTS

• Gilles Gade, President & Chief Executive Officer, Cross River Bank

• Rob Palatnick, Managing Director & Chief Technology Architect, Depository Trust & Clearing Corporation

• Nirup Ramalingam, Chief Operating Officer, NEX SEF

• Chris White, Chief Executive Officer, ViableMkts

Fireside Chat | 3:45–4:30 p.m.• Craig S. Phillips, Counselor to the Secretary, U.S. Department of the Treasury

Cocktail Conversation and Networking: Private and Public Rulemaking for Fintech Policy | 4:45–6:30 p.m.• Perianne Boring, Founder & President, Chamber of Digital Commerce

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DAY 2 TUESDAY, NOVEMBER 6

CRYPTO ASSETS, PART 2


Crypto-Economics | 9:00–10:15 a.m.Whether (and if so, how) crypto assets redefine canonical economic principles and expectations is a matter of intense debate. This panel explores the issue, as well as its implications for associated questions of utility, scalability, and transactional efficiency for capital markets.

MODERATOR

• Diego Zuluaga, Policy Analyst, Center for Monetary and Financial Alternatives, Cato Institute

PANELISTS

• Brian Brooks, Chief Legal Officer, Coinbase

• Nic Carter, Founder, Coinmetrics

• Gina C. Pieters, Research Fellow, Cambridge Centre for Alternative Finance, University of Cambridge & Lecturer, Economics Department, University of Chicago

• Alessandra Shultz, Business Development, Gemini

Emerging Financial Risks and Legal Issues in Crypto Assets | 10:30–11:45 a.m.It is well understood that crypto assets present significant challenges for banking and securities regulators. In this session, we examine the difficulty of mapping regulatory frameworks to these risks—and the strategies regulators employ to do so.

FLASH PRESENTATION: WHAT SHOULD BE DISCLOSED IN AN ICO?

• Chris Brummer, Agnes N. Williams Research Professor, Georgetown Law & Faculty Director, Institute of International Economic Law and Founder, Fintech Week

• Trevor I. Kiviat, Associate, Davis Polk & Wardwell LLP

FLASH PRESENTATION: BLOCKCHAIN SYSTEMS AND RISK MANAGEMENT INFRASTRUCTURES

• Petal P. Walker, Special Counsel, Wilmer Hale

MODERATOR

• Aditya Narain, Deputy Director, Monetary and Capital Markets Department, International Monetary Fund

PANELISTS

• Kristin Boggiano, Chief Legal Officer, AlphaPoint

• Moad Fahmi, Senior Advisor - Fintech, Bermuda Monetary Authority

• Robert J. Jackson Jr., Commissioner, U.S. Securities and Exchange Commission

• Peter Kerstens, Advisor on Financial Technology and Cybersecurity to the Director General FISMA and Co-Chair of European Commission Fintech Taskforce, European Commission


Crypto Assets and Monetary Policy Transmission | 12:00–1:15 p.m.Crypto assets present unique policy opportunities and challenges for banking and monetary officials. Perhaps none is more apparent than that facing monetary policy. Nonetheless, some central banks are exploring means of not only cultivating the industry, but also creating their own crypto assets. This panel explores the policy implications and economic repercussions.

MODERATOR

• Vikram Haksar, Assistant Director, Strategy Policy and Review Department, International Monetary Fund

PANELISTS

• Mohammad Davoodalhosseini, Senior Economist, Bank of Canada

• Joseph Noss, Secondee, Financial Stability Board

• Francisco Rivadeneyra, Research Advisor, Bank of Canada

• Maria Soledad (Sole) Martinez Peria, Chief, Macro-Financial Division, Research Department, International Monetary Fund

Lunch and Keynote | 1:30-2:45 p.m.• Bryan Stirewalt, Chief Executive, Dubai Financial Services Authority

Crypto Assets and Economic Development | 2:45-3:45 p.m.The deployment of crypto assets as a means of fostering economic development has been an area of increasing interest among many financial authorities, especially in emerging markets. This panel investigates the feasibility and risks of such strategies in stress-scenarios and various regions of the world.

MODERATOR

• Abebe Aemro Selassie, Director, African Department, International Monetary Fund

PANELISTS

• Uché Ewelukwa, Professor, School of Law, University of Arkansas

• Gerardo Hernández Correa, Member of the Board of Directors, Banco de la República, Colombia

• Alfonso García Mora, Director, Finance, Competitiveness & Innovation Global Practice, The World Bank Group

• Nat Robinson, Chief Executive Officer, Leaf Global Fintech

Fireside Chat | 3:45–4:30 p.m.• David Lipton, First Deputy Managing Director, International Monetary Fund

INTERVIEWER

• Anna Gelpern, Professor of Law & Faculty Member, Institute of International Economic Law, Georgetown Law; Non-Resident Senior Fellow, Peter G. Peterson Institute for International Economics

Cocktail Conversation and Networking: Taxing Crypto Assets | 4:45 – 6:30 p.m.• Itai Grinberg, Professor of Law & Faculty Member, Institute of International Economic Law, Georgetown Law

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10 Fintech Week 2018

DAY 3 WEDNESDAY, NOVEMBER 7

UNDERSTANDING AND FINANCING INNOVATION


Fireside Chat | 9:15–10:00 a.m.• Joseph M. Otting, Comptroller of the Currency, U.S. Department of the Treasury

Alternative Data, Fintech Analytics and Financial Inclusion | 10:15–11:15 a.m.Fintech offers the potential for expanding financial access and the opportunities for underserviced consumers, savers, entrepreneurs and even investors. But it can also create barriers to inclusion where faulty data or even discriminatory practices are programmed into autonomous systems. This panel explores the attendant risks and opportunities, as well as regulatory trends in the sector.

MODERATOR

• Peter F. Borish, Chief Strategist, Quad Group & Trustee, The Institute for Financial Markets

PANELISTS

• Paul DeSaulniers, Senior Director Risk Scoring & Collections Consumer Information Services, Experian

• Makada Henry-Nickie, David M. Rubenstein Fellow-Governance Studies, Race, Prosperity and Inclusion Initiative, Brookings Institution

• Linda Jeng, Chief of Staff, Risk, Surveillance & Data, Federal Reserve Board; Basel Committee Fintech Group

• Sam Taussig, Head of Global Policy, Kabbage

• John Walsh, Innovation Manager, Thomson Reuters

The Future of Exchanges and Digital Marketplaces | 11:30 a.m.–12:30 p.m.The electronification and digitization of exchanges continues to enable profound changes in the services and products they offer. New marketplaces, trading techniques and digital products are emerging, along with novel applications of artificial intelligence and machine learning. This panel explores recent cutting-edge developments, as well as the novel technical and policy issues they raise.

MODERATOR

• Conrad G. Bahlke, Counsel, Asset Management Group, Willkie Farr & Gallagher LLP

PANELISTS

• Robert Bench, Head Regulatory Counsel & Chief Compliance Officer, Circle Internet Financial Ltd.

• Bruce Fekrat, Executive Director & Associate General Counsel, CME Group

• Tony Sio, Head of Marketplace & Regulator Surveillance Technology, Nasdaq

• Juan Suarez, Vice President, Legal, Coinbase


Keynote | 12:30–1:15 p.m.• J. Christopher Giancarlo, Chairman, U.S. Commodity Futures Trading Commission

Lunch | 1:15 p.m–1:45 p.m.

Fintech Company Valuations: Past, Present and Future | 2:00–3:15 p.m.Valuing fintech companies has proven notoriously difficult over the last several decades. However, investors are refining their tools and methods with which they perform their analysis. On this panel, experts share their insight as to fintech company valuations of the past, and as well as future trends in the industry.

MODERATOR

• Rich Kerschner, Co-Chair, Advisory Board, Institute of International Economic Law, Georgetown Law & Senior Advisor, Elixirr

PANELISTS

• William Eisenbeis, Managing Director, SARORAS Private Capital

• Richard Herr, Managing Director, Investment Banking Group, Sandler O’Neill + Partners, L.P.

• Robert Le, Senior Technology Analyst, Emerging Technology, PitchBook

• Sean Lippel, Director, FinTech Collective

Fintechs and the Small Business Marketplace | 3:30–4:00 p.m.• Pradeep Belur, Chief of Staff & Chief Operating Officer, U.S. Small Business Administration

Fintech Sharktank | 4:15–5:30 p.m.

With Georgetown University’s McDonough School of Business

COMPANIES

• Blake Carpenter, Andrew Cavazos, Sabrina Freire and Michelle Santuoso, MBA Candidates, Georgetown University, McDonough School of Business, Blockchain Accounting (DLT solution for the accounting market)

• Sophia Grami, Chief Executive Officer & Co-Founder, Synswap (blockchain-driven post-trade services for OTC derivatives)

• Harco van den Oever, Founder and CEO, Overstone Art Services (risk assessment tool for the physical art market)

• Chris White, Founder and CEO, BondCliQ (corporate bond market pricing and data)

PANELISTS

• Martina F. Aufiero, PE/VC Investor, formerly with Goldman Sachs & Safeguard Scientifics

• Rich Kerschner, Co-Chair, Advisory Board, Institute of International Economic Law, Georgetown Law & Senior Advisor, Elixirr

• Yvonne Wang, Head of Technology Strategy, Stealth Fintech

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DAY 4 THURSDAY, NOVEMBER 8

SMART REGULATION Fintech Week on the Hill


How to Build a Regulatory Sandbox | 9:00–10:15 a.m.Regulatory sandboxes are increasingly discussed as a possible tool in assisting officials to foster technological innovation in a safe and responsible manner, while staying true to their mandates. Just what this means in American context remains, however, a subject of debate. This panel will explore policy options concerning regulatory innovation, and their attendant risks, opportunities and tradeoffs.

MODERATOR

• Arthur W. Hahn, Counsel and Global Co-chair, Financial Services Practice, Katten Muchin Rosenman LLP & Trustee, The Institute for Financial Markets

PANELISTS

• Daniel Gorfine, LabCFTC Director and Chief Innovation Officer, U.S. Commodity Futures Trading Commission

• Kavita Jain, Director, Office of Emerging Regulatory Issues, Financial Industry Regulatory Authority

• Brian Knight, Director, Innovation and Governance Program, Mercatus Center, George Mason University

• Margaret C. Liu, Senior Vice President, Legislative and Deputy General Counsel, Conference of State Bank Supervisors

Making or Taking Innovation? Regulatory Competition and the Race for Fintech Dominance | 10:30–11:45 a.m.Intense competition for technological innovation is informing not only business strategies for participants in financial markets, but also regulatory policy in jurisdictions seeking to raise their profile as fintech hubs. Whether or not such jostling for technologists and entrepreneurs will result in a race to the “top” or “bottom”— is yet to be decided. This panel will examine the phenomenon and discuss the national, cross-border and global implications.

MODERATOR

• Gary DeWaal, Special Counsel, Katten Muchin Rosenman LLP & Vice Chairman, The Institute for Financial Markets

PANELISTS

• Douglas Arner, Kerry Holdings Professor in Law, The University of Hong Kong

• Hon. Albert Isola, Minister for Commerce, Gibraltar

• Peter Kerstens, Advisor on Financial Technology and Cybersecurity to the Director General FISMA and Co-Chair of European Commission Fintech Taskforce, European Commission

• Nydia Remolina León, Legal Advisor for Innovation, Digital Transformation and Policy Affairs, Grupo Bancolombia

• Sharon Yang, Acting Deputy Assistant Secretary for International Financial Markets, U.S. Department of the Treasury

GEORGETOWN MAP

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Security and Resiliency in the Cloud | 12:00–1:15 p.m.Financial institutions are increasingly leveraging cloud technology in the hopes of better serving and protecting their customers. But unlike traditional outsourcing in the financial sector, many cloud services are standardized and provided globally, even as domestic authorities maintain local oversight. This panel will explore the implications of fragmented oversight for security and resiliency in the cloud.

MODERATOR

• Clay Lowery, Managing Director, Rock Creek Global Advisors

PANELISTS

• Jonah Crane, Executive Director, RegTech Lab and former Deputy Assistant Secretary, U.S. Department of the Treasury

• W. Moses Kim, Director, Office of Financial Institutions Policy, U.S. Department of the Treasury

• Rahul Prabhakar, Head of Regulatory Compliance for Financial Services, Security Assurance, Amazon Web Services

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DAY 1 MONDAY

DAY 3 WEDNESDAY


SPEAKER BIOS

Alex AcreeCo-Founder, Managing Director and General Counsel, Fenway Summer Ventures

Alex Acree is Managing Director and General Counsel of Fenway Summer Ventures, a venture capital firm backing entrepreneurs tackling important challenges at

the intersection of finance, technology, and policy. At Fenway Summer he invests in and advises emerging growth companies from across the financial services industry.

Prior to joining Fenway Summer, Acree was an attorney at a major international law firm, where he advised financial institutions on a wide range of legal and regulatory matters in connection with business combinations, reorganizations, and capital markets transactions, Dodd-Frank Act implementation, corporate governance, and compliance issues. Acree also regularly advised sponsors in connection with the formation and management of private investment funds. Earlier in his career, he held a series of senior positions at emerging growth companies.

Acree is a graduate of Boston College and holds a JD from Yale Law School and an MBA from Yale School of Management.

Maria AdamjeeChief Executive Officer, Megalodon Capital

Maria Adamjee is a Founding Partner at Megalodon Capital – an Advisory Group focused on Digital Transformation, Business Strategy and Product Innovation. Adamjee has been involved in designing and

“productizing” a number of market leading fintech applications in capital markets for more than 10 years. These include some of the first algorithmic and analytical trading tools, as well as helping to innovate Fidessa’s Futures & Options O/EMS Platform.

Adamjee is a recognized thought-leader in financial regulation, market structure, and technology. She provides advisory services at the cross section of all three streams and is on the advisory board of a number of companies working to disrupt financial services through #Alternative Data, #DigitalAssets, #MachineLearning, #Autonomous.

After a successful career in traditional markets with roles at RBC, Merrill Lynch, Goldman Sachs, ITG and Fidessa, #Alternative Data launched Megalodon Capital to help Start-ups, Tech firms, Hedge Funds, Venture Groups and Private Equity investors develop business strategies that challenge traditional markets.

Priya R. AiyarPartner, Willkie Farr & Gallagher LLP

Priya Aiyar is a partner in the Litigation and Global Trade and Investment groups at Willkie Farr & Gallagher, with experience spanning the financial services, technology, energy, and communications sectors. She

represents financial industry clients in a range of regulatory, compliance, and enforcement matters, as well as litigation and internal investigations.

Aiyar is a frequent speaker on financial regulation, economic sanctions, foreign investment, and trade, among other topics. Prior to joining Willkie, she was the Acting General Counsel of the U.S. Treasury Department, where she advised the Secretary and other senior Department officials on issues related to domestic finance, international economic affairs, tax policy, terrorism finance, and financial crimes enforcement. She began her legal career as a clerk to the Honorable Stephen Breyer of the U.S. Supreme Court and the Honorable Merrick Garland of the U.S. Court of Appeals for the DC Circuit.

Aiyar received her JD from Yale Law School, an MA from the University of Oxford, and a BA from Harvard College.

Douglas W. ArnerKerry Holdings Professor in Law, The University of Hong Kong

Douglas Arner is the Kerry Holdings Professor in Law at the University of Hong Kong and one of the world’s leading experts on financial regulation, particularly the

intersection between law, finance and technology. He is Faculty Director of the Faculty of Law’s LLM in Compliance and Regulation and LLM in Corporate and Financial Law, a member of the Hong Kong Financial Services Development Council, an Executive Committee Member of the Asia Pacific Structured Finance Association, and a Senior Visiting Fellow of Melbourne Law School, University of Melbourne. Arner led the development of Asia’s first massive open online course (MOOC): Introduction to Fintech, launched on edX in May 2018 and which now has over 30,000 registered from every country in the world.

During his career, Arner served as Head of the HKU Department of Law; the Co-Director of the Duke University-HKU Asia-America Institute in Transnational Law; and the Director of HKU’s Asian Institute of International Financial Law, which he co-founded. He also led a major research project on Hong Kong’s future as a leading international financial center.

Arner has served as a consultant with international financial institutions and organizations. He has been a visiting professor or fellow at Duke University, Harvard College, Hong Kong Institute for Monetary Research, IDC Herzliya, McGill, Melbourne, National University of Singapore, University of New South Wales, Shanghai University of Finance and Economics, and Zurich, among others. He has published more than 15 books and more than 120 articles, chapters and reports on international financial law and regulation. His recent papers are available on SSRN, where he is among the top 300 authors in the world by total downloads.

Martina F. AufieroPE/VC Investor

Martina (Tina) Aufiero has nearly 20 years of experience in financial services / financial technology as a venture capitalist, private equity investor and acquirer. Most recently, Aufiero was Managing Director and head of the

Fintech vertical at Safeguard Scientifics, Inc. (NYSE:SFE), a growth-capital provider to technology-driven businesses in healthcare, financial services and digital media. She is a Board Member for Safeguard’s fintech partner


companies T-REX, Inc. and Transactis, Inc., and is an Advisor for Ben Franklin Technology Partners/Village Capital’s fintech accelerator and Mentor to the Barclays Fintech Accelerator. She was named to Institutional Investors’ Fintech Finance 40 in 2017.

Prior to joining Safeguard, Aufiero served as Managing Director and Head of Corporate Development for Tradeweb, a leading New York-based financial technology firm, where she led several key acquisitions and inorganic growth initiatives. Previously, Aufiero served as Vice President of Principal Strategic Investing at Goldman Sachs (NYSE:GS), where she led numerous investments in the financial technology sector as part of a $1.0 billion portfolio. Aufiero held positions on the Boards of Directors for APX Inc., the Green Exchange LLC, Medley Global Advisors LLC and LiquidityMatch LLC and as a board alternate on FXAII Inc. Her experience as a board member includes Audit Committee Chair and leadership roles on the Compensations and Investment Committees, as well as holding a corporate officer position for a consortium of 11 global banks. Prior to Goldman Sachs, she was Director of Mergers & Acquisitions working with One Equity Partners to drive growth in the OEP-backed company Moneyline Telerate. Previously, she was a Manager in the strategy consulting practice of Andersen Consulting.

Aufiero’s connection with early-stage investing began during her graduate study program when she worked at idealab, now the longest running technology incubator, where she worked with a fintech start up that was later acquired by Envestnet (NYSE:ENV), a now $2.2B market-cap company that provides unified wealth management technology and services to financial advisors and institutions.

She earned a BS in Economics from The Wharton School of the University of Pennsylvania and an MBA from the UCLA Anderson School of Management. Aufiero is a Certified Public Accountant and holds Series 7 and 63 securities licenses.

Conrad G. BahlkeCounsel, Asset Management Group, Willkie Farr & Gallagher LLP

Conrad Bahlke is counsel in Willkie Farr & Gallagher’s Asset Management Group, focusing on derivative transactions, commodities regulation and banking

regulation. He represents banks, corporations, governmental organizations, investment funds (including private equity funds, hedge funds and mutual funds), sovereign nations, central banks, pension plans and individuals in structuring and entering into a broad variety of derivative instruments and commodity transactions, including credit, equity, commodity, energy, weather, interest rate and currency derivatives.

Bahlke also advises on related financial services regulatory matters. He represents clients before banking and commodities regulatory agencies, self-regulatory organizations, exchanges and clearinghouses with respect to acquisitions, regulatory audit, registration, risk management and compliance matters. He also has advised on litigation and mediated disputes related to derivatives, and has represented clients on significant derivatives-related matters in bankruptcy.

Bahlke further advises clients on a wide variety of matters raised by the Dodd-Frank Act and related commodities, securities and banking regulations,

and by evolving financial technology including distributed ledger technology. He has held prior positions with the Federal Reserve Board and with the Division of Economic Analysis and Planning of the Chicago Board of Trade. He is a frequent speaker and writer on derivatives, commodities and banking topics.

Bahlke received his JD from the University of Chicago Law School and his MBA from the University of Chicago Booth School of Business.

Sheila C. BairFormer Chairman, U.S. Federal Deposit Insurance Corporation

Sheila Bair has a long and distinguished career in finance and banking that spans both the public and private sectors. She served a five year term as the 19th

Chairman of the U.S. Federal Deposit Insurance Corporation (FDIC) from 2006 to 2011. During her time as Chair, Bair was widely credited for her role in steering the institution, and the government, through the 2008 financial crisis.

Prior to joining the FDIC, Bair was the Dean’s Professor of Financial Regulatory Policy for the Isenberg School of Management at the University of Massachusetts-Amherst. She has also held positions as Assistant Secretary for Financial Institutions at the U.S. Department of the Treasury, Senior Vice President for Government Relations of the New York Stock Exchange, Commissioner and Acting Chairman of the U.S. Commodity Futures Trading Commission, and Research Director, Deputy Counsel and Counsel to Senate Majority Leader Robert Dole.

Bair earned a BA from Kansas University and a JD from Kansas University School of Law, as well as, honorary doctorates from Amherst College and Drexel University. She was named one of TIME magazine’s most influential people, has topped The Wall Street Journal’s annual 50 “Women to Watch List,” and was ranked by Forbes as the second most powerful woman in the world behind German chancellor Angela Merkel for two consecutive years. She is also a monthly columnist for Yahoo Finance.

Jeff BandmanFounder & Principal, Bandman Advisors

Jeff Bandman is Founder and Principal of Bandman Advisors, an advisory practice helping clients ranging from start-ups to global firms meet strategic innovation and regulatory challenges to find new business

opportunities. He also is a Lecturer in Global Affairs at Yale, teaching crypto assets and public policy in the Yale Jackson Institute for Global Affairs in fall 2018. He serves on the Board of Advisors of Templum Inc. and iComply Investor Services. He is a co-founder of the Global Digital Finance Initiative (GDF.io) to establish an industry-driven global code of conduct and taxonomy for crypto assets. He acts as fintech regulation mentor for the Techstars Barclays Fintech Accelerator program. Bandman also is a research fellow of the Blockchain for Algorithmic Regulation and Compliance (BARAC) initiative at University College London’s Centre for Blockchain Technologies.


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Previously, Bandman was a senior official at the U.S. Commodity Futures Trading Commission (CFTC) from 2014 to 2017. As Fintech Advisor to Chairman Giancarlo, he was founding director and architect of LabCFTC. He established and chaired the CFTC blockchain, virtual currencies and Fintech working group from inception in 2015 and led Fintech and RegTech coordination with global regulators. He previously led the CFTC’s Division of Clearing and Risk, and led the negotiations resulting in “clearinghouse equivalence” with the European Commission. Bandman joined the CFTC as Special Counsel to Chairman Massad, and also led the CFTC’s Office of International Affairs. He previously had a successful career in law and the financial industry in New York and London.

Bandman received his JD at Stanford Law School, with honors as a member of the “Order of the Coif.” He graduated from Yale, magna cum laude, with honors in History and English. In addition, he is a five-time Jeopardy! Champion and spent his winnings backpacking around Africa, Asia and Europe.

Pradeep BelurChief of Staff & Chief Operating Officer, U.S. Small Business Administration

Pradeep Belur serves as Chief of Staff to the Administrator of the U.S. Small Business Administration (SBA). Prior to joining the SBA, Belur has held executive

and consulting positions with several Fortune 500 companies and served as a trusted advisor to their senior management.

A strategist and thought leader, Belur brings very strong planning and execution capabilities and plays a key role in enabling the vision, mission and values of the Administrator. In this role, in addition to his day-to-day responsibilities of managing the staff and ensuring things get done, Belur is tasked with driving transformational change across the organization leveraging the latest technologies and business practices to position SBA for the future.

Belur possesses extensive experience across small and large businesses in strategic planning, finance, operations, IT and general management. He holds advanced degrees in engineering and business, including an MBA from the Wharton School of Business at the University of Pennsylvania.

Robert BenchHead Regulatory Counsel & Chief Compliance Officer, Circle Internet Financial Ltd.

Robert Bench is the Head Regulatory Counsel and Chief Compliance Officer of Circle. He is a veteran of the Office of the Comptroller of the Currency and the U.S. foreign

banking regulatory community, leading regulatory transformation efforts at PwC’s Regulatory Advisory Practice and Santander. He joined Circle in 2017.

Kristin BoggianoChief Legal Officer, AlphaPoint

Kristin Boggiano is AlphaPoint’s Chief Legal Officer and serves on its executive committee. Prior to AlphaPoint, she was a Managing Director with Guggenheim Partners,

where she advised on asset management, broker-dealer and insurance issues. Previous to Guggenheim, Boggiano was a Special Counsel at Schulte Roth & Zabel where she structured complex products, launched private businesses and provided regulatory advice. Prior to Schulte, Boggiano worked at Merrill Lynch on the derivatives desk, beginning her career with stints at the Commodity Futures Trading Commission (CFTC) and the U.S. Securities and Exchange Commission (SEC). Boggiano has advised entities in overall legal and regulatory strategy and governance and with operational, regulatory and risk management procedures and programs. She regularly lectures at universities, trade organizations, and other forums as well as contributes articles on a variety of financial and regulatory law topics.

Boggiano earned her law degree and MBA from Northeastern University and her BA from Sarah Lawrence College. She also is the President and founder of Women in Derivatives, Inc. (WIND), a global non-profit with more than 6,000 members and a mission to educate and develop women leaders.

Perianne BoringFounder & President, Chamber of Digital Commerce

Perianne Boring founded the Chamber of Digital Commerce, building it into the world’s largest trade association representing the blockchain industry. Boring was named among CoinDesk’s, “10 Most Influential

People in Blockchain 2016” and “Top Woman in Bitcoin 2015” for her public policy accomplishments. An avid public speaker, she has presented at leading industry events including the Consumer Electronic Show (CES), Money 20/20, South by Southwest (SXSW) and many others. She also contributes to Forbes through her column, The Beauty of the Blockchain. Prior to forming the Chamber, Boring was a television anchor of an international finance program that aired in more than 100 countries to over 650 million viewers.

Boring began her career as a legislative analyst in the U.S. House of Representatives, advising on finance, economics, tax and healthcare policy. She holds her BA in Business Administration and Economics from the University of Florida.

Peter F. BorishChief Strategist, Quad Group

Peter Borish is Chief Strategist of the Quad Group and its affiliated companies. In his role, Borish is highly engaged in recruiting new talent for Quad and working with the firm’s founding partners on business strategy.

He is instrumental in helping traders develop a methodology to enhance their performance by serving as a trading coach. He also is the Chairman, and CEO of Computer Trading Corporation (CTC), and is an investor and member of the Board of Directors of Charitybuzz, a for-profit that raises funds for nonprofit organizations through an online auction platform of one-of-a-kind experiences and intimate access to celebrities.

Borish formerly worked at the Federal Reserve Bank of New York and was a staff member of the Presidential Task Force on Market Mechanisms (Brady Commission) to study the stock market decline of October 1987. He was


a founding partner at Tudor Investment Corporation, served as Chairman of OneChicago, LLC, and also served as a Special Advisor to the Board of Directors of the Chicago Board of Trade.

He earned his MA in Public Policy from the Gerald R. Ford School of Public Policy, as well as, a BA in Economics from the University of Michigan. Borish served as a Board Member of the Futures Industry Association (FIA). In addition, he was a founding board member of both the Robin Hood Foundation and Math for America, where he continues to serve. Borish has been a Trustee for The Institute for Financial Markets since 1991 and also served as Chairman for several years.

Brian P. BrooksChief Legal Officer, Coinbase

Brian Brooks is Chief Legal Officer of Coinbase, an $8 billion Silicon Valley startup that is one of the largest digital currency platforms in the world. At Coinbase, he is responsible for the company’s legal, compliance, internal

audit, government relations, and global intelligence groups. Brooks is deeply involved in the financial technology sector, serving as a member of the board of directors of Avant Inc., a major marketplace lending and technology platform company; a founding advisor of Spring Labs, a blockchain-enabled digital credit bureau; and a Series A investor in FlyHomes, an Andreesen Horowitz-backed online real estate brokerage.

Brooks joined Coinbase in September 2018 from Fannie Mae, where he served as Executive Vice President, General Counsel and Corporate Secretary. Fannie Mae, ranked 20th on the 2017 Fortune 500, is the largest financial institution in the United States as measured by its assets of $3.2 trillion. He previously served as Vice Chairman of OneWest Bank, where he worked closely with future U.S. Treasury Secretary Steven Mnuchin and future Comptroller of the Currency Joseph Otting. He was also a member of the board of directors and the executive committee of the California Bankers Association.

Brooks began his career as an attorney at O’Melveny & Myers LLP, where he served as chair of the firm’s financial services practice group, managing partner of the firm’s Washington, DC office, and a member of the firm’s 12-person board of directors. He received his JD with honors from the University of Chicago Law School and a BA, cum laude, from Harvard University.

Chris BrummerAgnes N. Williams Research Professor, Georgetown Law & Faculty Director, Institute of International Economic Law

Chris Brummer is the Agnes N. Williams Research Professor and Faculty Director of Georgetown’s Institute

of International Economic Law. He is also the founder of Fintech Week and fintechpolicy.org.

Brummer earned his JD with honors from Columbia Law School and holds a PhD from the University of Chicago. Before becoming a professor, he practiced law in the New York and London offices of Cravath, Swaine &

Moore LLP. He also has served as a Senior Fellow at the Milken Institute and was awarded the C. Boyden Gray Fellowship for Global Finance and Growth at the Atlantic Council, where he launched the think tank’s Transatlantic Finance Initiative.

Brummer advises U.S. and international policymakers in a number of capacities. He concluded a three-year term as a member of the National Adjudicatory Council of FINRA, where his work was praised as making a significant contribution to advancing investor protection. He was also nominated by President Obama in 2016 and 2017 to serve as a Commissioner on the Commodity Futures Trading Commission. Brummer additionally provides analysis for multilateral institutions, participates in global regulatory forums, and has testified before U.S. and EU legislative bodies.

Blake CarpenterFounder, Coinmetrics

Blake Carpenter is a licensed Certified Public Accountant in the District of Columbia and the Commonwealth of Virginia and a Manager in the Public Sector Assurance practice at Grant Thornton, LLP. He has spent the past

six years auditing federal, municipal, and commercial organizations. Prior to joining Grant Thornton, he worked in the finance function for two not-for-profit organizations, helping to report the entities’ financial information to the public.

Carpenter became interested in blockchains and digital currencies in 2014, and he has focused his research on their impact on accounting, audit, and government services. He has authored articles and conducted a number of trainings to help educate government employees and contractors on blockchain technology and its implications for the public sector.

Carpenter graduated from the University of Iowa with a Bachelor of Business Administration in Accounting and a Bachelor of Arts in International Studies. He is presently an MBA candidate at Georgetown University’s McDonough School of Business. He lives with his wife in Springfield, Virginia, and the couple recently celebrated the birth of their first child.

Nic CarterCo-Founder, Coinmetrics

Nic Carter is a partner at Castle Island Ventures and the cofounder of blockchain data aggregator Coinmetrics.io. Before joining Castle Island, Carter worked for Fidelity as their first crypto asset analyst, where he devised

research perspectives on public blockchains. He has written extensively about token holder rights, crypto asset governance models, and public blockchains as political institutions.

Carter holds an MA in Finance and Investment from the University of Edinburgh and an undergraduate degree in Philosophy from the University of St. Andrews.


Andrew CavazosCo-Founder, Blockchain Accounting

Andrew Cavazos is an Assistant Congressional Liaison at the Board of Governors of the Federal Reserve System. In this capacity, he engages with Members of the Board, senior staff, and policy experts to develop

communication, policy, and legislative strategies. He also assists in the nominations process. Prior to his service at the Board, Cavazos worked on Capitol Hill for U.S. House Majority Whip Steve Scalise (R-LA). While in the U.S. House, Cavazos focused on financial services policy.

Cavazos is a graduate of Louisiana State University, with a Bachelor’s Degree in English and Minors in History and Political Science. He is married with two children and resides in Columbia, Maryland.

Isabelle CorbettHead of Regulatory Affairs and Public Partnerships, R3

Isabelle Corbett is the Head of Regulatory Affairs and Public Partnerships at R3, the premier enterprise software firm driving the development of distributed ledger and blockchain solutions for use across the

financial services industry. As part of R3’s leading global regulatory affairs strategy, she meets with regulators, central banks, and policy makers around the world. She also focuses on selling Corda into the public sector.

Immediately prior to joining R3, she was an attorney at Cadwalader Wickersham & Taft where her practice focused on derivatives, counseling clients in a variety of regulatory, enforcement, and transactional matters. Prior, Corbett worked at a consulting firm focused on securities and derivatives.

Corbett received her JD from American University’s Washington College of Law, cum laude, and her BA in International Studies from the Johns Hopkins University.

Jonah CraneExecutive Director, RegTech Lab

Jonah Crane is a strategic advisor to financial technology startups, helping them stay ahead of regulatory change as they scale. Crane is also Regulator in Residence at the Fintech Innovation Lab in New York, and Executive

Director of RegTech Lab in Washington, DC, which offers global advisory services for regulators, policy makers, financial services companies, and technology solution providers.

Until January 2017, Crane served as Deputy Assistant Secretary and Senior Advisor at the U.S. Treasury Department, and prior to that as a policy advisor to Senator Chuck Schumer. Prior to joining Senator Schumer’s staff, Crane was a corporate attorney focusing on mergers and acquisitions at Milbank, Tweed, Hadley & McCloy LLP in New York.

Crane received a JD from New York University School of Law.

Mohammad DavoodalhosseiniSenior Economist, Funds Management & Banking, Bank of Canada

Currently a Senior Economist at the Bank of Canada, Mohammad Davoodalhosseini joined the Bank after he received his PhD in Economics from the Pennsylvania

State University in 2015. Prior to that, Davoodalhosseini received his BS in Electrical Engineering and MS in Economics from Sharif University of Technology in 2007 and 2009, respectively.

Davoodalhosseini’s research interests are monetary economics and search theory. He is also interested in the role of information asymmetries in markets with search frictions, with applications to inter-bank, labor and over-the-counter markets. Furthermore, he studies new developments in the field of electronic money and payments. He explores how introducing central bank digital currency (CBDC) can affect the implementation and transmission of monetary policy as well as the efficiency and stability of financial systems. Particularly, he has studied the optimal monetary policy in the presence of CBDC, and has quantified welfare gains from introducing CBDC into the Canadian and U.S. economies.

Paul DeSaulniersSenior Director, Alternative Data, Scoring & Collections Consumer Information Services, Experian

As Senior Director of Alternative Data Scoring & Collections at Experian, Paul DeSaulniers is responsible for leading Experian’s Alternative Data initiatives, all Risk

Scoring businesses, Experian’s Trended Data solutions as well as Collections products. He focuses on utilizing data assets to solve clients’ challenges and developing specific strategies to effectively integrate scoring and data into clients’ decisioning systems.

Before joining Experian in 2011, DeSaulniers served as Director of Credit Risk Decisioning at LexisNexis. He has 20 years of experience working in the financial services industry where he has successfully led several business units at Ascend One and Think Finance.

DeSaulniers has a dual degree with an MBA and MS in Finance from Goldey-Beacom College. He obtained his BA in Economics from Towson University. He is also a veteran of the U.S. Army Special Operations.

Gary A. DeWaalSpecial Counsel, Katten Muchin Rosenman LLP

Gary DeWaal focuses his practice on financial services regulatory matters. He counsels clients on the application of evolving regulatory requirements to existing businesses and structuring more effective compliance

programs, as well as, assists in defending and resolving regulatory disciplinary actions and enforcement matters. Recently, DeWaal was named a Cryptocurrency, Blockchain and Fintech Trailblazer by The National Law Journal, which recognized his work for LedgerX, the first federally licensed execution facility and derivatives clearing organization that could settle derivatives trades in bitcoin. He also has blazed a trail in educating

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investment banks, hedge funds and regulators on cryptocurrency, and was cited as an authority in the CabbageTech case, where a federal judge upheld the ruling that virtual currencies are commodities.

Previously, DeWaal was a senior managing director and group general counsel for Newedge, where he oversaw the worldwide Legal, Compliance, Financial Crimes Prevention (including AML) and Regulatory Developments departments. He also worked for the U.S. Commodity Futures Trading Commission’s Division of Enforcement in New York.

DeWaal is frequently quoted in the media for his thoughts on the international financial services industry and has published numerous articles on futures and securities industry issues. He regularly lectures or appears as a speaker at financial industry conferences and in training sessions for international regulators and has taught courses at the Brooklyn Law School and the State University of New York Buffalo Law School. DeWaal is the sole author and publisher of Bridging the Week, a blog addressing issues in the financial services industry. He also serves as Vice-Chairman of The Institute for Financial Markets and has served as a Trustee since 2013.

DeWaal earned his JD at The State University of New York Buffalo Law School, an MBA from The State University of New York at Buffalo, with honors, and a BA from The State University of New York at Stony Brook, with high honors.

Desiree DickersonHead of Operations, Lightning Labs

Desiree Dickerson is Head of Operations at Lightning Labs, which is building an open protocol layer that leverages the power of blockchains and smart contracts to make cheap, fast, private transactions available

to anyone around the world. She recently served as blockchain fellow at the non-profit Women for Women International, exploring the potential of cryptocurrency and blockchain applications for women in marginalized, post-conflict areas.

Dickerson is a former management consultant, previously specializing in strategy and operations for large-scale IT enterprises. She received her MA in Biophysics & Physiology from Georgetown University and a BA in Biological Sciences from the University of Chicago

William EisenbeisManaging Director, SARORAS Private Capital

Will Eisenbeis joined SARORAS as a Managing Director in 2018. For the last 18 years, he has focused on investments in financial technology and services.

Prior to joining SARORAS in 2018, Eisenbeis was an Operating Partner at Welsh, Carson, Anderson & Stowe (WCAS). Before WCAS, he led the Principal Strategic Investments group at Citadel LLC, where he was responsible for identifying, negotiating, and executing principal investments. Eisenbeis also served as Global Head of Business Development for Merrill Lynch’s institutional businesses, where he was responsible for identifying, negotiating, and executing principal and strategic investment opportunities on behalf of Merrill Lynch.

Eisenbeis received his MBA from Columbia Business School in New York City, and a BS from Georgetown University.

Uché Ewelukwa OfodileE. J. Ball Professor of Law, School of Law, University of Arkansas School of Law

Uché Ewelukwa is a Professor of Law and Affiliate Faculty Member at the J. William Fulbright College of Arts and Sciences, University of Arkansas (African and

African American Studies). She previously held the Arkansas Bar Foundation Professorship. Her teaching and research are in the areas of international trade and investment Law, intellectual property law, food and agricultural law, and global governance.

Ewelukwa has consulted for many international organizations and has served as visiting professor/guest lecturer at numerous universities around the world including Columbia University, the University of Oklahoma Law Center, DePaul University College of Law, University of Puerto Rico School of Law, Tufts University, the University of Armenia Faculty of Law, and the Nigerian Institute of Advanced Legal Studies. She also is an active member of the American Bar Association Section of International Law and has served the organization in numerous leadership positions including as Co-Chair of the International Investment and Development Committee and Co-Chair of the Committee on Corporate Social Responsibility. She has also served as the Secretary-General of the African Society of International Law.

Ewelukwa is the recipient of numerous fellowships and awards and her scholarship includes work published in the Michigan Journal of International Law, Minnesota Journal of International Law, Transnational Dispute Management, Vanderbilt Journal of Transnational Law, Yale Human Rights and Development Law Journal, University of Miami Law Review, among others. She is currently writing two books: one on China-Africa economic relations (Oxford University Press) and another on the intersection of business and human rights in Africa (Routledge).

Ewelukwa obtained her Doctor of Juridical Science degree (SJD) and her Master of Laws degree (LLM) from Harvard Law School, another LLM degree in International Business Law from the University College London, and her LLB from the University of Nigeria, Nsukka.

Moad FahmiSenior Advisor - Fintech, Bermuda Monetary Authority

Moad Fahmi, CFA, FIA, is Senior Advisor-Fintech, for the Bermuda Monetary Authority, responsible for the supervision of digital-asset businesses under the Digital Asset Business Act 2018. The Bermuda Monetary

Authority is one of the few jurisdictions with a robust regulatory framework that was specially designed to appropriately address the unique risks arising from digital-asset business.

Fahmi has held numerous regulatory and financial services positions in his career, most recently as the director, fintech and innovation, at the Autorité des Marchés Financiers (AMF), the financial services regulator in Quebec, Canada. At the AMF, he was instrumental in the deployment of their fintech strategy, which included the development of a laboratory and sandbox that


worked directly with fintech firms. He also collaborated with fellow AMF supervisors to develop regulatory positions on pressing fintech issues and led a fintech training program that was delivered to over 250 employees. Before joining AMF, Fahmi held senior manager positions at the Laurentian Bank of Canada and Business Development Bank of Canada, respectively.

Bruce FekratExecutive Director & Associate General Counsel, CME Group

Bruce Fekrat is an Executive Director and Associate General Counsel at the CME Group. Fekrat works closely with the CME’s product development teams to offer new

and support currently listed contracts and cleared-only products globally. Prior to joining the CME, Fekrat was a derivatives attorney at WilmerHale and also served in the Office of the Director, Division of Market Oversight at the U.S. Commodity Futures Trading Commission for eight years.

Sabrina FreireCo-Founder, Blockchain Accounting

Sabrina Freire began her professional career as an Interior Architect in Rio de Janeiro, Brazil. She dedicated the early years of her career to two prestigious firms, having collected valuable project management and client

relationship skills. After 6 years of firm experience, Freire decided to open her own interior architecture firm, where she had a first-hand look at the inner workings of running a business. This experience not only enhanced her business acumen but also lured Freire to new ventures outside of architecture. Soon after this, Freire decided to move out of architecture and joined the American School of Rio de Janeiro as its Admissions Director, a key role in projecting the school’s value, culture and marketing strategies.

Freire graduated from the Rhode Island School of Design with a Bachelor’s Degree in Interior Architecture and Bachelor’s Degree in Fine Arts. She is currently pursuing her MBA from Georgetown University. Freire is married with two children and living in Arlington, Virginia.

Gilles GadePresident & Chief Executive Officer, Cross River Bank

Gilles Gade is Founder, President and Chief Executive Officer of Cross River, having served as Chairman for the company since its inception in 2008. Gade’s vision is steering Cross River as an innovation-driven, state-

chartered bank and provider of trusted financial solutions, to the marketplace lending and next-generation payment processing arenas.

In 1990, Gade began his career at Citicorp Venture Capital. Later he served as Chief Financial Officer of First Meridian Mortgage, and was Co-Founder and Managing Director of Chela Technology Partners. In addition, he was a Technology Investment Banker at Barclays Capital, and a FIG Investment Banker at Bear Stearns.

Gade graduated from the MBA Institute IMIP (Groupe IPESUP) in Paris, with an MSc in International Management.

Alfonso Garcia MoraDirector, Finance, Competitiveness and Innovation Global Practice, The World Bank Group

Alfonso Garcia is the Director for the Finance, Competitiveness and Innovation (FCI) Global Practice with direct responsibility for Latin America and the Caribbean

(LAC) and Europe and Central Asia (ECA) regions, financial stability and integrity, and long term finance global teams. Currently, he represents the World Bank in different committees of the Financial Stability Board (FSB).

In April 2016, Garcia became Director for the Finance and Markets Global Practice at the World Bank Group (WBG), having previously served as a Practice Manager for Latin America and the Caribbean. At WBG he has led various projects in Latin America, East Asia and the Pacific, the Middle East and Eastern Europe advising governments, supervisors and regulators on projects related to financial sector development, access to finance, banking crisis and resolution, capital markets and financial regulation. Alfonso has participated in a number of Financial Sector Assessment Programs (FSAP) as mission chief and specialist.

Garcia joined the World Bank in January 2013 as a lead financial sector specialist in the Finance and Private Sector Development Vice Presidency. Prior to that time, he had a successful career in the private sector at Analistas Financieros Internacionales Consulting Group, where he held the position of Partner and Managing Director from 2007 to 2012.

Garcia holds a PhD in Economics from Universidad Autonoma de Madrid, an MA in Finance from the Catholic University of Leuven, and also has served as a visiting PhD student at Boston University. He has lectured and published extensively on banking and financial sector issues.

Anna GelpernProfessor of Law & Faculty Member, Institute of International Economic Law, Georgetown Law; Non-Resident Senior Fellow, Peter G. Peterson Institute for International Economics

Anna Gelpern is a Professor of Law at Georgetown, an Institute of International Economic Law faculty member and a nonresident senior fellow at the Peter G. Peterson Institute for International Economics. She has published research on government debt, contracts, and regulation of financial institutions and markets. Gelpern has co-authored a law textbook on International Finance, and has contributed to international initiatives on financial reform and government debt.

J. Christopher GiancarloChairman, U.S. Commodity Futures Trading Commission

J. Christopher “Chris” Giancarlo was unanimously confirmed to serve as Chairman of the U.S. Commodity Futures Trading Commission (CFTC) by the U.S. Senate

on August 3, 2017. Prior to becoming Chairman, Giancarlo was designated Acting Chairman on January 20, 2017 and was nominated by President Trump to serve as the Chairman on March 14, 2017 to a term that expires in

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April 2019. Giancarlo had served as a CFTC Commissioner since his swearing in on June 16, 2014, after unanimous consent by the U.S. Senate on June 3, 2014. He was nominated by President Obama on August 1, 2013.

Before entering public service, Giancarlo served as the Executive Vice President of GFI Group Inc., a financial services firm. Prior to joining GFI, Giancarlo was Executive Vice President and U.S. Legal Counsel of Fenics Software and was a corporate partner in the New York law firm of Brown Raysman Millstein Felder & Steiner. Giancarlo joined Brown Raysman from Giancarlo & Gleiberman, a law practice founded by Giancarlo in 1992 following his return from several years in London with the international law firm of Curtis, Mallet-Prevost, Colt & Mosle.

Giancarlo was also a founding Co-Editor-in-Chief of eSecurities, Trading and Regulation on the Internet (Leader Publications). In addition, Giancarlo has testified three times before Congress regarding the implementation of the Dodd-Frank Act, and has written and spoken extensively on public policy, legal and other matters involving technology and the financial markets.

Giancarlo was born in Jersey City, New Jersey. He attended Skidmore College in Saratoga Springs, New York where he graduated Phi Beta Kappa with Government Department Honors. Giancarlo received his law degree from the Vanderbilt University School of Law where he was an associate research editor at the Vanderbilt Journal of Transnational Law and President of the Law School’s International Law Society. Giancarlo has been a member of the Bar of the State of New York since 1985.

Daniel GorfineLabCFTC Director and Chief Innovation Officer, U.S. Commodity Futures Trading Commission

Daniel Gorfine is Chief Innovation Officer and Director, LabCFTC at the U.S. Commodity Futures Trading Commission (CFTC). LabCFTC is dedicated to facilitating

market-enhancing innovation, informing policy, and ensuring that we have the technological and regulatory tools and understanding to keep pace with changes to our markets. Gorfine also is an Adjunct Professor at Georgetown Law where he teaches a course on Fintech Law & Policy.

Gorfine was most recently Vice President, External Affairs & Associate General Counsel at OnDeck, and previously served as Director of Financial Markets Policy and Legal Counsel at the Milken Institute, a think tank, where he focused on technology-driven financial innovation, capital access, and financial market policy.

Earlier in his career, Gorfine worked at the international law firm Covington & Burling LLP and served a clerkship with U.S. District Court Judge Catherine C. Blake in the District of Maryland. A graduate of Brown University (AB), Gorfine holds a JD from George Washington University Law School and an MA from the Paul H. Nitze School for Advanced International Studies (SAIS) at Johns Hopkins University.

Sophia GramiChief Executive Officer and Co-Founder, Synswap

Sophia Grami is the Chief Executive Officer and Co-Founder of Synswap, a blockchain-driven application processing OTC derivatives. Her career spans derivatives and structured products. Following a first experience at

BNP Paribas in Paris, Grami joined the cross-asset solution sales team at Société Générale in London. Grami holds an MSc in Finance from EM Lyon Business School.

Itai GrinbergProfessor of Law & Faculty Member, Institute of International Economic Law, Georgetown Law

Professor Itai Grinberg’s research interests center on cross-border taxation, taxation and development, and U.S. tax policy. He joined the faculty from the Office of

International Tax Counsel at the U.S. Department of the Treasury. At Treasury, Grinberg represented the United States on tax matters in multilateral settings, negotiated tax treaties with foreign sovereigns, had responsibility for a wide-ranging group of cross-border tax regulations, and was involved in international tax legislative developments. Prior to joining Treasury, he practiced tax law at Skadden, Arps, Slate, Meagher & Flom LLP, where he focused on a wide range of international tax controversy and planning matters. In 2005, Grinberg served as Counsel to the President’s Advisory Panel on Federal Tax Reform, where he advised a bipartisan presidential commission that made sweeping proposals to restructure the U.S. tax code.

Grinberg earned his BA from Amherst College and his JD from Yale Law School. Prior to law school, he worked as a development consultant in Central America and helped establish a consulting firm focused on creating greater prosperity in developing countries through good business strategy. He is a term member of the Council on Foreign Relations.

Arthur W. HahnCounsel and Global Co-Chair, Financial Services Practice, Katten Muchin Rosenman LLP

Hahn is Global Co-Chair of Katten’s Financial Services practice and a member of the law firm’s Board of Directors. He represents major international banks

and brokerage firms, international equity and commodity exchanges, and clearinghouses and technology companies in connection with their regulatory, business and litigation needs.

An experienced counselor to financial institutions, Hahn represents his clients’ interests whether he is interfacing with exchanges, supervising regulatory compliance, advising on principal trading and sales practices issues, or overseeing litigation and enforcement matters. He provides valued guidance on business structuring and strategy, trading rules, technology initiatives, cross-border U.S. Securities and Exchange Commission (SEC) and U.S. Commodity Futures Trading Commission (CFTC) licenses, and international insolvency issues. He is regularly involved in enforcement matters and securities litigation and is a certified mediator, focusing on resolving financial


instruments and markets disputes. In addition, Hahn counsels companies regarding capital formation and mergers and acquisitions as well as legal issues involving high-frequency trading. He is a sought-after lecturer and author on subjects relating to all facets of financial services.

Hahn received his JD at Northwestern University School of Law, and his BA from Miami University and The London School of Economics and Political Science. He has served as a Trustee of The Institute for Financial Markets since 1989.

Vikram HaksarAssistant Director, Strategy Policy and Review Department, International Monetary Fund

Vikram Haksar is an Assistant Director in the IMF’s Strategy Policy and Review department. In this role, he currently leads work on finance and technology, macro-

financial analysis, and policies for assessing and addressing financial stability risk. He has been a lead author of the IMF’s two main papers on fintech: “Virtual Currencies and Beyond,” and “Fintech and Financial Services.” He is a co-lead of both the IMF’s interdepartmental group on Fintech and that on Cyber-security. Prior to this, he managed review work on global surveillance, G20 prospects, and spillover analysis. Haksar was earlier the IMF’s mission chief for Brazil during the “currency wars” and lead the IMF team on Mexico that set up the $70 billion Flexible Credit Line agreement with Mexico in 2009 in the aftermath of the Lehman failure. He worked earlier on emerging economies in Asia––including Thailand during the Asian crisis––and Eastern Europe and was the Fund’s resident representative in the Philippines. Haksar received his PhD from Cornell University.

Dong HeDeputy Director, Capital Markets, International Monetary Fund

Dong He is Deputy Director of the Monetary and Capital Markets Department (MCM) of the International Monetary Fund (IMF). Prior to joining the IMF in October 2014, he

was Executive Director at the Hong Kong Monetary Authority, responsible for managing the Research Department and for directing research and policy advice on issues relating to the maintenance of monetary and financial stability and the development of financial markets. He was also Director of the Hong Kong Institute for Monetary Research, responsible for leading the Institute’s research activities. He joined the World Bank through the Young Professionals Program in 1993 and was a staff member of the IMF from 1998 to 2004.

He holds a Doctorate Degree in Economics from the University of Cambridge and has published extensively on monetary policy and financial market issues. His current research interests include the transmission of global liquidity, interactions between monetary policy and financial regulation, the implications of fintech for central banking, monetary and financial cooperation in the Asia-Pacific region, the framework and conduct of monetary and financial stability policies in China, and the Chinese approach to capital account liberalization and renminbi internationalization.

Makada Henry-NickieDavid M. Rubenstein Fellow-Governance Studies, Race, Prosperity and Inclusion Initiative, Brookings Institution

Makada Henry-Nickie is a David M. Rubenstein fellow in Governance Studies at the Brookings Institution.

Throughout her career her research has examined ways to expand equitable access to responsible credit and she has recommended policies that advance inclusive economic opportunities for disadvantaged families and low-income communities. As such, she is part of Brookings’ Race, Place, and Inclusion Initiative, which currently focuses on improving the economic mobility prospects for young men of color, and bringing marginalized poor and low-income communities back into the economic mainstream.

Prior to joining Brookings, Henry-Nickie was a senior analyst with Consumer Financial Protection Bureau (CFPB), where she advised on consumer financial protection and fair lending issues arising in financial institution regulation, enforcement matters, and rulemakings. Before CFPB, she worked as an economist with Brimmer & Company, where she consulted and advised on a cross-section of public policy issues including employment growth, taxation, and general economic policies. Henry-Nickie previously held senior positions in nonprofit organizations where she worked to develop innovative programs and raise capital to support affordable housing for teen mothers involved in the foster care system and expand access to capital for small businesses and affordable housing developers in the Washington, DC. metropolitan area.

She holds a PhD in Urban Economics and an MA in Monetary and Fiscal Policy from Howard University. Henry-Nickie earned a BA in Economics from Hunter College—City University of New York.

Gerardo Hernández CorreaMember of the Board of Directors, Banco de la República – Colombia

Gerardo Hernández is a Member of the Board of Directors of Banco de la República. Previously, he served as Financial Superintendent of Colombia from 2010

until 2017, and as Secretary of the Board of Directors and Deputy Executive Governor from 1994 to 2010.

During his distinguished career, he served in numerous high-profile positions including the Deputy Minister of Labor and Social Security; Head of the Business Development Unit of DNP; and Advisor to the Executive Director for Colombia and Peru before the Inter-American Development Bank and the Inter-American Investment Corporation in Washington, DC. During his time at the Ministry of Finance and Public Credit, he acted as General Administrative Director; Deputy Director of Public Credit; Advisor to the Deputy Minister of Finance; and Counsel in the Legal Department of the General Directorate of Public Credit.

During his tenure as the Financial Superintendent, Hernández served as Co-Director of the Regional Consultative Group for the Americas of the Fund of the Financial Stability Board (FSB - RCGA). He served as a member of the Central American Council of Supervisors; a member of the Board of Directors

SPEAKER BIOS


of the Association of Banking Supervisors of the Americas (ASBA); Chairman of the Board of Governors of the Inter-American Institute of Human Values, and was the representative for Colombia to IOSCO, ASSAL, IAIS, among other international entities.

Hernández has taught in the fields of Central Banking and Currency Legislation at Colegio Mayor de Nuestra Señora del Rosario and Pontificia Universidad Javeriana. He received his law degree from Universidad de Los Andes, and a Certificate in Administrative Law at Colegio Mayor de Nuestra Señora del Rosario. He also studied economics at the New School for Social Research in New York, and pursued central banking studies at the International Monetary Fund.

Richard HerrManaging Director, Investment Banking Group, Sandler O’Neill + Partners, L.P

Richard Herr is a Managing Director in the Investment Banking Group of Sandler O’Neill + Partners, L.P. He provides strategic advice to clients across the deals

spectrum and specializes in the brokerage and trading, market structure and financial technology sectors.

Prior to joining Sandler O’Neill, Herr was Managing Director and Head of Business Development at Knight Capital Group. In this role, he partnered with senior management to lead the analysis and execution of all organic and inorganic growth initiatives at the firm. Prior to his tenure with Knight Capital Group, Herr served as Senior Vice President, Strategic and Business Development at Investment Technology Group, Inc. where he was responsible for evaluating strategic partnership and acquisition opportunities.

Herr began his career in equity research, with his most recent role being Senior Vice President, Head of Securities Brokerage, Exchange and Trade Execution Research at Keefe Bruyette & Woods. In 2006, he was named Best on the Street by The Wall Street Journal and the #1 Stock Picker by Forbes/StarMine for the Capital Markets sector.

Herr received a BA in Economics from Fordham University.

Gabriel I. HidalgoManaging Director, K2 Intelligence

Gabriel “Gabe” Hidalgo, a Managing Director at K2 Intelligence, has 20 years of legal, regulatory compliance, and Anti-Money Laundering (AML) experience working with wholesale and retail banks, fintech companies,

broker/dealers, and money services business entities. Hidalgo is a recognized subject-matter expert in the cryptocurrency and digital assets market and is able to help clients navigate and mitigate Bank Secrecy Act and Anti-Money Laundering (BSA/AML) compliance risks as they strive to keep up with the latest developments occurring within the new value-transfer digital asset marketplace, establish new banking relationships, and satisfy regulatory requirements domestically and internationally. Hidalgo also works with Fintech companies to establish dynamic and comprehensive compliance programs that incorporate the essential elements for sound oversight—effective governance and management controls, clear and practical policies

and procedures, efficient transaction monitoring and sanction screening systems, comprehensive training, and sound quality assurance controls.

Prior to joining K2 Intelligence, Hidalgo served as Chief Compliance Officer for Noble Bank International, an innovative bank providing transactional settlements for various asset classes including cryptocurrency, FX, energy, and precious metals. He has also served as Senior Vice President/Chief Compliance Officer for Community Federal Savings Bank (CFSB), where he led the team charged with formulating compliance solutions for fintech payment products, as well as had compliance oversight over CFSB’s retail, merchant services and payments, and mortgage banking lines of business. Before joining CFSB, he served as Senior Vice President/Head of Global and U.S. Compliance for itBit, the first U.S.-regulated virtual currency financial institution able to accept customers nationwide. Additionally, he held senior legal and compliance roles with HSBC, the Federal Reserve Bank of New York, Morgan Stanley, Capital One Bank, and Deloitte. While at the Federal Reserve, Hidalgo trained regulators from the Federal Reserve System, NCUA, FDIC, SEC, and state regulatory agencies on AML compliance examination techniques.

Hidalgo received his JD from the University of Dayton School of Law and his BA from Marist College.

He is admitted to practice law in New York, is a Certified Anti-Money Laundering Specialist (CAMS), and fluent in Spanish.

William H. HinmanDirector, Division of Corporate Finance, U.S. Securities and Exchange Commission

William Hinman was named Director of the Division of Corporation Finance in May 2017. The Division seeks to ensure that investors are provided with material

information in order to make informed investment decisions, provides interpretive assistance to companies with respect to U.S. Securities and Exchange Commission (SEC) rules, and makes recommendations to the Commission regarding new and existing rules.

Before serving at the Commission, Hinman was a partner in the Silicon Valley, California office of Simpson Thacher & Bartlett LLP, where he practiced in the corporate finance group. He has advised issuers and underwriters in capital raising transactions and corporate acquisitions in a wide range of industries, including technology, e-commerce, and the life-sciences. Prior to joining Simpson Thacher in 2000, he was the managing partner of Shearman & Sterling’s San Francisco and Menlo Park offices.

Hinman received his JD in 1980 from Cornell University Law School, where he was a member of the Editorial Board of the Cornell Law Review, and a BA from Michigan State University with honors in 1977.


The Honorable Albert IsolaMinister for Commerce, Gibralta

The Hon Albert Isola MP is Gibraltar’s Minister for Commerce with the primary responsibility of raising Gibraltar’s profile as an established onshore, mainstream, well-regulated financial services centre and

its important online gaming sector. He was also instrumental in creating and delivering the world’s first DLT Regulatory Framework in January 2018.

An experienced speaker, Isola has delivered keynote addresses at major financial services seminars and conferences in many countries. He is also responsible for financial services policy, product development, and responding to international initiatives such as international tax compliance. As such and supported by the Finance Centre Director and team, he works closely with the financial services regulator, the Financial Services Commission. Particularly noteworthy is his leading role in the establishment of the Gibraltar International Bank, a first for Gibraltar as a home-grown full-service credit institution dedicating itself to retail banking.

Isola also has Ministerial responsibility for the Online Gaming sector which has international repute as the world’s premier online gaming jurisdiction. Working closely with the regulator and the industry, Isola is driving through the “Online Gaming review” which will see its legislative and regulatory framework reviewed and improved and to maintain its cutting-edge advantage.

Isola was appointed Minister for Commerce following a Government re-shuffle in October 2016. He has been a member of the GSLP/Liberal Administration since his by-election win for Gibraltar’s governing parties, the GSLP/Liberal Alliance, on 4 July 2013. Isola had previously been a GSLP member of the Opposition in the then “House of Assembly” (“Parliament” under the new constitution) from 1996 to 2000. Prior to re-entering Parliament, Isola had been a Partner at a major Gibraltar international law firm from 1985 to 2013.

During his long legal career, Isola gained extensive experience in all aspects of property acquisition, development and financing, as well as financial services. He also regularly acted as an adviser to the Financial Services Commission.

Isola was educated at Stonyhurst College, Lancashire (1973 to 1980) and read Law at Kingston University (1980 to 1983).

Robert J. Jackson, Jr.Commissioner, U.S. Securities and Exchange Commission

Robert J. Jackson Jr. was appointed to the U.S. Securities and Exchange Commission (SEC) and was sworn in on January 11, 2018. He has extensive

experience as a legal scholar, policy professional, and corporate lawyer and comes to the SEC from NYU School of Law, where he is a Professor of Law.

Previously, he was Professor of Law at Columbia Law School and Director of its Program on Corporate Law and Policy. Commissioner Jackson’s academic work has focused on corpor

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